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View ICR - OIRA Conclusion

OMB Control No: 7100-0086	ICR Reference No: 200811-7100-009
Status: Historical Active	Previous ICR Reference No: 200810-7100-009
Agency/Subagency: FRS	Agency Tracking No: FR 2886b
Title: Consolidated Report of Condition and Income for Edge and Agreement Corporations
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Delegated
OIRA Conclusion Action: Approved without change	Conclusion Date: 04/03/2009
	Date Received in OIRA: 04/03/2009
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/2011	03/31/2011	02/28/2011
Responses	209	0	260
Time Burden (Hours)	2,288	0	2,621
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	209	260	-51
Annual Time Burden (Hours)	2,288	2,621	-333
Annual Cost Burden (Dollars)	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: The Federal Reserve proposes the following revisions to the FR 2886b effective March 31, 2009: (1) reduce the reporting frequency to annual for Edge and agreement corporations with total assets of $50 million or less; (2) collect a new Schedule RC-D, Trading Assets and Liabilities, comparable to, but less detailed than, Schedule HC-D, Trading Assets and Liabilities, on the FR Y-9C report; and (3) collect additional information on option contracts and other swaps (other than interest rate swaps and foreign exchange swaps).

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